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Over EUR 130 million of loans for cultural and creative SMEs in France and across Europe

The European Investment Fund and the French Institut pour le Financement du Cinéma et des Industries Culturelles (IFCIC) have signed two guarantee agreements in France supported under the new Cultural and Creative Sectors Guarantee Facility from the EU's Creative Europe programme.

The agreements signed with the French Institut pour le Financement du Cinéma et des Industries Culturelles (IFCIC) will allow on one hand higher loans supporting French SMEs in the cultural and creative sectors, and on the other, support film producers taking loans across countries.

You can find more information in the press release of the European Investment Fund.